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Global Refinery Catalysts Market Is Expected to Rise to US $17 Bn over 2016-2024

Albany, NY -- (SBWIRE) -- 11/07/2017 -- Refinery catalysts are widely employed in the refinery units to remove the impurities such as sulfur, nitrogen and other carbon compounds from the fuels. Stringent environmental regulations on fuel emissions across the globe is estimated to boost the demand for global refinery catalysts market. Zeolites are estimated to expand at a significant rate during the forecast period. Asia Pacific and Europe are likely to have a major share in refining catalysts market during the forecast period.

The report estimates and forecasts the refinery catalysts market on the global, regional, and country levels. The study provides forecast between 2016 and 2024 based on volume (kilo tons) and revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the product segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the refinery catalysts market along with their impact on demand during the forecast period.

The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the refinery catalysts market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of refinery catalysts and global average price trend analysis.

The report includes Porter's Five Forces Model to determine the degree of competition in the refinery catalysts market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and countries have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for refinery catalysts between 2016 and 2024.

The study provides a comprehensive view of the refinery catalysts market by dividing it into refining units, materials types, physical form and geography segments. The refinery units have been segmented into Fluid Catalytic Cracking Unit, Hydrocracking Unit, H-Oil Unit, Hydrotreating Unit (Naphtha & Distillate), Catalytic Cracking Unit, and Alkylation Unit. The materials are segmented into Zeolites, Molybdenum, Cobalt, Nickel and others. The physical form is segmented into Powders, Beads and Extrudates. These segments have been analyzed based on historic, present, and future trends.

Regional segmentation includes the current and forecast demand for refinery catalysts in Asia Pacific, North America, Europe, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for all the segments. Key countries such as the U.S., Canada, Germany, France, Italy, Spain, the U.K., India, China, ASEAN, Mexico, Brazil, GCC, and Nigeria have been included in the study. Market segmentation includes demand for individual refining units in all the regions and countries.

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include Royal Dutch Shell Plc, ExxonMobil Corporation, BASF SE, Honeywell International Inc, Johnson Matthey Plc., Albemarle Corporation and Others. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players' product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team's expertise and market understanding.

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